£278,565
This estimated value is based upon the latest sale price for the house of £130,000 on 23 Jan 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £130,000 | 23 Jan 2004 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in January 2004 the House Price Index for ESSEX was 69.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 114.281%.Applying this 114.281% change to the original purchase price of £130,000 results in an estimated price of approximately £278,565.
| 23 Jan 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 148.6 | 114.281 % | £130,000 | £148,565 | £278,565 |
The Postcode Pricing Model uses changes in average sales price within the CO4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 74.964 % | £97,453 | £227,453 |
| 3 Month Average | 88.813 % | £115,456 | £245,456 |
| 6 Month Average | 94.609 % | £122,991 | £252,991 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £284,208 | £280,000 | 19 CHURNWOOD ROAD |
| 2 Nov 2023 | £203,005 | £200,000 | 1 BROCKENHURST COURT REDWOOD CLOSE |
| 27 Jul 2023 | £344,638 | £340,000 | 16 HAZELTON ROAD |
| 17 Feb 2023 | £237,340 | £237,500 | 16 PATMORE ROAD |
| 3 Feb 2023 | £324,781 | £325,000 | 9 WOODSIDE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hazelton Road |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Patmore Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tara Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tara Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Tara Close |